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Halftime Report

Final Trading Day of the Year 12/31/24

Dec 31, 2024
Josh Brown, an investment professional and CNBC contributor, joins Joe Terranova and Jenny Harrington to delve into the final trading hours of 2024. They analyze the impressive surge in Communication Services and Tech stocks, discuss strategies for 2025 that emphasize diversification beyond tech, and share insights on the booming ETF market. Brown also offers his Trade School lessons, while the group reflects on Apple's challenges and potential shifts in the semiconductor space, providing a comprehensive look at the investment landscape as the year wraps up.
43:17

Podcast summary created with Snipd AI

Quick takeaways

  • The stock market is set for a transition in 2025, with earnings growth of major tech firms expected to drive long-term performance beyond short-term corrections.
  • A significant shift towards ETFs highlights the financial industry's evolution, as investors increasingly prefer cost-effective and tax-efficient investment options over traditional mutual funds.

Deep dives

Market Trends and Year-End Reflections

The stock market is experiencing a slowdown as the year-end approaches, with the S&P 500 and NASDAQ showing declines. This marks a notable trend, as it is the first time since 1952 that the S&P has faced declines of over 1% in the final trading days of the year. The conversation emphasizes the importance of context for long-term investors, suggesting that while 2025 may not replicate the significant gains seen in previous years, it could lead to robust performances in subsequent years, much like the market events from 1953 onward. Investors are encouraged to remain composed, acknowledging the cyclical and sometimes unpredictable nature of stock market performance.

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